Toady's commodity Ranges

Gold trading range for the day is 29375-30161. Gold is trading above 29546, now intraday gold is holding support at 29375 and resistance at 30161. Silver trading range for the day is 50855-53367. Silver is trading below 54320, with intraday support seen at 50855 and resistance at 53367.Crude trading range for the day is 4339-4679. Crude is holding with a support at 4339 and resistance will be likely at 4679.Nat.Gas trading range for the day is 147.23-166.63.. Natural Gas is holding with a support at 147.23 and resistance will be likely at 166.63.

Zinc trading range for the day is 100.88-103.18. Nickel trading range for the day is 907.5-945. Aluminium trading range for the day is 101.33-106.23.

Gold, Silver, Copper, Crude Commodity Update : 25th June 2012

Gold prices fell on today's mcx commodity market due to deflation concern now intraday gold support level at 29610-29460, and resistance at 29900-30010. Silver support levels for today at 52050-51200 and resistance at 52600-52900. Copper support at 412.50-411 and resistance levels at418-420. Crude oil fell in today's commodity market due to the over demand outlook now the holding support level for crude at 4530-4490, and resistance at 4590-462

Gold Commodity Calls

Gold prices are expected to test 30150 on higher end. However, one should remain cautious unless closes above 30180 in long position at these levels.oscillators are suggesting a positive move ahead.
Today's Gold commodity levels are

Resistance Gold Level-30180/30450
Support Gold Level-29910/29810

Silver Commodity Calls

Silver prices are expected to trade positive to the tune of 55900, prices can further move up till 56700 one can hold buying position with a stop loss below 54100.Silver commodity Levels for today are as below:

Resistance level for Silver-55370/56200
Support level for Silver-54700/54100

Copper Commodity Calls

Copper prices are expected to witness a range bound move as from 414 to 406, one can look for buying opportunity around 409 with a stop loss below 405. Fresh buying could witness above 415.Copper Commodity levels for today are as follows:

Resistance Levels for Copper today-417/421
Support Levels For Copper Today-407/397

Crude Commodity Calls for Today

Crude prices are witnessing a range bound move. one can buy around 4620 with a stop loss of 4580 targeting 4685 – 4700. Oscillators suggesting a flat to positive move ahead.
Today's Crude commodity Levels for today are as below:

Resistance Levels for crude today-4670/4715
Support level for Crude today-4610/4520

MCX Copper Trend Today

Copper prices are expected to witness a range bound move as from 414 to 406, one can look for buying opportunity for copper today around 408 with a stop loss below 404. Fresh buying could witness above 415.

Levels For Copper Toady are as follows:

Copper Resistance Levels-417/421
Copper Support Levels-407/397

Crude commodity Market Trend

Crude prices are witnessing a stiff resistance at 4770 – 4800 zone one can enter short around 4680 -4690 in crude commodity market with a stop loss above 4735.

Today's Commodity Market Updates :After closing with a positive sign on Saturday, today's commodity market is expected to trade with a positive note. Today commodity market is expected to trade within a range. Gold commodity is traded within the resistance level 29700-30040 and support level 29480-29220. Silver commodity is traded within the resistance level 54850-55250 and support level 54200-53700.
Crude Oil resistance level 4785-4820 and support level 4740-4710 and Copper resistance level 412.4-414.6 and support level
409-406.5 for today's mcx commodity market.

Commodity Trading Ranges for Today : 7th June 2012

Bullion levels

Gold traded higher in today's commodity market.Gold trading range for the day is 29878-30388. Gold is trading 29247, now intraday gold is holding support at 29878 and resistance at 30388.Silver trading range for the day is 53809-57353. Silver is trading 55719, with intraday support seen at 53809 and resistance at 57353.

Base Metal Levels Today

Copper trading range for the day is 403.7-417.3 . Zinc trading range for the day is 103.03-106.13. Aluminium trading range for the day is 106.57-110.67.

Energy Levels Today

Nat.Gas trading range for the day is 130.53-140.33. Natural Gas is holding with a support at 130.53 and resistance will be likely at 140.33. Crude trading range for the day is 4655-4805. Crude is holding with a support at 4655 and resistance will be likely at 4805.

GOLD
Gold prices have witnessed a cool off after a upward rally, prices are expected to test the support zone at 29700. One can buy on decline as outlook for the precious metal is bullish.
LEVEL
R- 30110/30234
S- 29970/29880

SILVER
Silver prices are likely to trade within a range from 53300 to 54900. one can trade within the range or wait for a range break for clear direction.
LEVEL
R- 54350/55250
S- 53700/53430

COPPER
Copper prices could test 413 -414 zone and witness selling pressure. One can only enter long if sustained above 407 for the upside target at 412 and 414 maintaining a stop loss below 404. For intraday one can sell around 414 with a stop loss above 417.50
LEVEL
R- 413/417
S- 407/397

CRUDE
Crude prices are expected to bounce till 4750 – 4800 zone since we see the oscillators are in over sold zone and one can long with a strict stop loss below 4600
LEVEL
R- 4680/4770
S- 4580/4510

MCX GOLD COMMODITY:
Today Gold prices are witnessing a range bound from 29100 to 29500, one can trade with gold commodity
within the range. Expected levels for today's Gold Commodity should be

Gold Resistance Levels -29170/29298
Gold Support Levels -28930/28750

MCX SILVER COMMODITY:
Silver prices are likely to trade positive in today's commodity market and witness 53300 – 54450 on higher end. One can trade within the range today with silver commodity. Expected silver levels should be

MCX COPPER COMMODITY
Copper prices could witness selling pressure in today's commodity market if it sustains below the upward sloping trend line at 422.50 to the tune of 418 -417. A breach below 417 should confirm the momentum to continue bearish. We can expect the following levels for copper commodity

Copper Resistance Levels -421/424
Copper Support Levels -417/412

MCX CRUDE COMMODITY
Crude prices have given a break down, one can sell crude commodity around 4890 -4900 for the target at 4780 -4750. Oscillators are in over sold zone hence aggressive selling not advised for today's crude commodity. Levels for crude should be followed for today are